Statement of Changes in Beneficial Ownership (4)
August 06 2020 - 7:46PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Roberts Christopher Bruce |
2. Issuer Name and Ticker or Trading Symbol
Quantum Computing Inc.
[
QUBT
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) CFO |
(Last)
(First)
(Middle)
215 DEPOT COURT SE #215 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/22/2020 |
(Street)
LEESBURG, VA 20175
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, $0.0001 par value per share | 7/13/2020 | | A(1) | | 400000 | A | $0 | 725000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Options to purchase Common Stock | $1.00 | 5/22/2020 | | A | | 45000 (2) | | (2) | (2) | Common Stock | 45000 | $0 | 45000 | D | |
Explanation of Responses: |
(1) | 400,000 restricted shares of the Issuer's Common Stock were issued to Mr. Roberts pursuant to the 2019 Quantum Computing Inc. Equity and Incentive Plan (the "Plan"). |
(2) | 45,000 stock options (the "Options") were granted to Mr. Roberts on May 22, 2020 (the "Date of Grant"), pursuant to the Plan, for deferent of salary. The Options shall vest in three equal annual installments, on April 8, 2021, April 8, 2022, and April 8, 2023. The Options shall expire on May 22, 2025. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Roberts Christopher Bruce 215 DEPOT COURT SE #215 LEESBURG, VA 20175 | X |
| CFO |
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Signatures
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/s/ Christopher Roberts | | 8/6/2020 |
**Signature of Reporting Person | Date |